Dynavax Technologies is proud to offer comprehensive and highly competitive benefits to our employees and their families. From health care and financial benefits, to time off and employee services, our benefits help support our employees’ needs now and in the future.
- Medical Insurance
Dynavax Technologies offers multiple medical plan alternatives to best meet diverse needs, including a Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and a High Deductible Health Plan (HDHP/HSA). These plans offer a full range of medical services, including non-traditional treatments such as chiropractic care. All our health plans include a discount mail order program for prescription drugs.
Our generous dental plan covers 3 cleanings per year, as well as most preventive, restorative and major dental procedures, including orthodontia for children through age 26.
Vision coverage allows for annual eye exams and the purchase of lenses or contacts every 12 months and frames every 24 months.
- Disability Insurance
A company-paid benefit that ensures employees are paid while not able to work due to illness or injury. Employees that qualify are eligible to receive up to 66.67% of their monthly salary (after satisfying a 7 day waiting period) up to a maximum benefit of $1,104, for up to 26 weeks.
- Benefits & Wellness Fair
Dynavax Technologies offers an array of benefits and wellness initiatives to promote the well-being of our employees and their families. Our annual wellness fairs provide biometric screenings, flu-shots, chair massage as well as health education opportunities to help achieve and maintain optimal health.
- Retirement Savings Plan 401(k)
Dynavax Technologies’ 401(k) retirement plan provides our employees a tax-deferred way to save for their futures. With a variety of funds to choose from, employees are eligible to defer up to the annual IRS maximum and for employees age 50 or older, additional catch up contributions are available. Dynavax offers an employer match contribution of up to $2,000 annually with a minimum 2% plan participation and satisfaction of 6 months employment for 100% vesting.
- Employee Stock Purchase Plan
Employees may elect to participate in the purchase of Dynavax Technologies (NASDAQ: DVAX) common stock at a discounted rate by contributing 1 to 10% of earnings (after tax deductions) through payroll deductions. Open Enrollment occurs every February and August.
- Stock Options
We strongly believe in giving employees the opportunity to share in the company’s success by offering stock options at various opportunities throughout employment.
- Employee Referral Bonus
Attracting top talent to Dynavax Technologies is a major priority and we provide cash bonuses to eligible employees who refer candidates who successfully become members of our team.
- Flexible Spending Accounts
Dynavax Technologies’ Flexible Spending plan enables employees to set aside pre-tax dollars from their paychecks to pay for eligible out of pocket expenses during a plan year. By using pre-tax dollars to pay for health insurance premiums, eligible health care expenses or dependent care expenses, employees can significantly reduce their taxable income significantly.
- Life & AD&D Insurance
Dynavax Technologies provides group term life coverage and accidental death and dismemberment (AD&D) insurance to all employees. Employees may also purchase supplemental life insurance for themselves or for a spouse and dependents at group rates.
- Long-term Care Insurance
Company-paid Long-Term Care insurance is a care benefit plan for every employee. Employees can also consider supplemental insurance for themselves or their loved ones.
- Travel & Accident Insurance
We provide business travel and accident assistance at no cost to our employees. Employees and their families are covered for both business and personal travel.
- Tuition Reimbursement
Dynavax Technologies places a high value on continuing growth through education. Our tuition reimbursement program provides coverage of tuition, lab fees, books and registration expenses up to $1,500 per calendar year.
Work/Life Balance Benefits
- Personal Time Off
Dynavax Technologies provides employees with personal time off (PTO) each year for sickness and personal needs as well as for periods of rest, recreation, change of environment and release from everyday activities. New employees with the company are eligible for 20 days of Personal Time Off in their first year of employment.
Dynavax Technologies observes 12 paid holidays per calendar year. Some holidays are fixed every year, but others are assigned to provide the greatest number of holidays in conjunction with weekends. Dynavax is closed on the holidays.
- Public Transportation Benefits
Dynavax Technologies encourages the use of public transit by giving employees the opportunity to purchase Commuter Checks through payroll deductions on a pre-tax basis. Emery-Go-Round shuttle services are free and run between Dynavax and MacArthur BART. Visit “http://www.emerygoround.com” for more details.
- Employee Assistance Program
Our employee assistance program (EAP) offers employees and their families information, referrals and short term counseling for personal issues affecting work or personal life. Referrals are available for childcare services, legal consultations, older adult services and career management. Dynavax Technologies also sponsors regularly scheduled on-site workshops conducted by experts in work/life service areas.
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